Decentralized finance offerings have undergone innovation and expansion in recent years. It enables users to trade digital assets transactions directly without the need for intermediaries. Ethervista is a new decentralized exchange created upon the Ethereum blockchain, which sets out to solve the fundamental limitations present in current DEX offerings. Ethervista is positioned as a formidable competitor in the DeFi space with a focus on sustainability, security, and user-centric design.
What is Ethervista?
Ethervista is an Ethereum blockchain decentralized exchange that solves concerns regarding automated market makers and the existing DEX solutions today. It creates a completely new environment that makes it easy for liquidity providers and token creators. Ethervista is designed to be a cyber security powerhouse with innovative tokenomics, making trading easier for traditional and experienced crypto investors.
Key Features of Ethervista
- Unique Fee structure in native ETH
One of the unique features of ethervista is its free model. Rather than taking swap fees in different tokens, Ethervista uses native ETH for the costs of transactions.
The fees are shared between liquidity providers and the creator of a token making it a stable formula not determined by price moves over very short periods. It creates more trading volumes which benefits the trader and makes a sustainable trading ecosystem for every party in need.
- 5-day Liquidity lock
Security is important in the world of DeFi, where rug pulls and exit scams have caused significant losses to investors. Ethervista introduces a mandatory 5-day liquidity lock for new token projects, preventing early withdrawals and reducing the risk of rug pulls.
This function ensures the pool retains liquidity for a more extended period, making it safer for investors and guaranteeing token launches last longer.
- Deflationary Tokenomics
Ethervista native token operates on a sustainable deflationary model with a total supply of 1 million tokens. With every transaction on the platform, an on-chain burn is also initiated which burns tokens from circulation and increases the token price, making it appealing to hold over time.
The deflationary mechanism guarantees the increase in value of BPT while transactions are being made, giving way to long-term holders and providing an incentive to keep using the platform.
- All-inclusive DeFi Features
Ethervista is an all-encompassing solution of a DeFI platform. It offers liquidity pools and traditional swapping features with free loans, futures trading, and lending services. These give the user an option of various financial tools to manage their assets better.
Including a Super Chat feature which is essentially tiered communication based on $VISTA holdings, helps to increase engagement and community development around the platform.
- A unique reward mechanism
Ethervista employs an Euler-based sequence to calculate rewards for liquidity providers, ensuring a proportionally wider distribution of rewards as the liquidity stakes increase. This model is manipulation-proof and fair to enter, which creates a more open reward system with this decentralized network.
How Ethervista Works
Ethervista is poised to become a major player in the DeFi ecosystem, offering a robust and security-focused DEX on the Ethereum blockchain. The base Ethervista protocol has been created to make both security and efficiency better.
A provider becomes a “Creator” when depositing in a pool to administratively control the pool’s parameters including fees, protocol addresses, and potential metadata. This model provides LPs with a larger degree of control over their assets and the conditions under which they provide them.